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Infection Surveillance Solutions Market Is Booming Worldwide 2021-2028 | Becton Dickson & Company, Baxter International Inc., Premier, Inc., Truven Health Analytics Inc. (IBM Watson)

11-25-2021 03:25 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Infection Surveillance Solutions

Infection Surveillance Solutions

The usage of an infection monitoring technology allows hospitals and medical practitioners to detect antibiotic overuse or underuse as well as infection patterns, allowing them to take prompt safeguards. It's simple to link with current hospital and medical facility networks.

Statistics:

The global infection surveillance solutions market is estimated to account for US$ 409.9 Mn in terms of value by the end of 2019.

Global Infection Surveillance Solutions Market: Drivers

The worldwide infection surveillance solutions market is expected to rise due to the introduction of sophisticated solutions. For example, Wolters Kluwer N.V. stated in August 2020 that its Sentri7 clinical monitoring solution has been upgraded with artificial intelligence (AI) to detect patients at risk for Clostridioides difficile infection (C. diff).

Global Infection Surveillance Solutions Market: Opportunities

For companies in the worldwide infection surveillance solutions market, the arrival of Covid-19 is projected to provide lucrative growth prospects. For example, the TestBoston research was begun in October 2020 as a collaboration between Brigham, the Broad Institute of MIT and Harvard, and the MGB Center for COVID Innovation to increase coronavirus testing and monitoring in Boston, Massachusetts.

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Global Infection Surveillance Solutions Market: Restraints

The global infection surveillance solutions market is projected to be hampered by a lack of competent personnel. The growing trend of international migration of healthcare workers, combined with a lack of appropriate training and a shrinking number of employee education programmes, has resulted in a shortage of skilled and experienced healthcare workers and teams to use infection surveillance systems in hospitals.

Key Takeaways:

The global infection surveillance solutions market was valued at US$ 409.9 million in 2019 and is expected to grow at a CAGR of 13.9 percent between 2020 and 2027 to reach US$ 1,177.7 million by 2027. The worldwide infection surveillance solutions market is expected to rise due to the introduction of sophisticated solutions. In terms of value, the software segment dominated the global infection surveillance solutions market in 2019, accounting for 65.7 percent of the market. The rising prevalence of infectious diseases, combined with technological advancement, is expected to drive segment growth over the forecast period.

Market Trends

The market is likely to develop as infection surveillance solutions become more widely adopted. For example, in October 2018, the South Sudan Ministry of Health with support from the World Health Organization announced to establish sentinel surveillance for rotavirus infection in Juba in order to determine the extent of Rota virus infections among children and reduce child morbidity and mortality due to rotavirus infection.

Infection surveillance can help to keep infections in infants under control. For example, a Drexel University study published in 2018 found that routine MRSA surveillance could help prevent infection in infants.

Regulations

Europe

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European Center for Disease Prevention and Control (ECDC)

• ECDC was founded in 2005 with the goal of improving public health. • The organisation is dedicated to identifying, assessing, and communicating current and emerging infectious disease threats to human health. • ECDC collaborates with national health protection bodies across Europe to strengthen and develop continent-wide disease surveillance and early warning systems. By working with experts throughout Europe, ECDC gathers health knowledge, so as to develop authoritative scientific opinions about the risks posed by current and emerging infectious diseases

European Academics Science Advisory Council (EASAC)

• EASAC has published report on increasing problem of healthcare associated infections

• This organization was formed by the national science academies of the EU Member States, to enable them to collaborate with each other

Global Infection Surveillance Solutions Market: Competitive Landscape

Becton Dickson & Company, Baxter International Inc., Premier, Inc., Truven Health Analytics Inc. (IBM Watson), Gojo Industries, Inc., Wolters Kluwer N.V., Vigilanz Corporation, Atlas Medical Software (Rpoer Technologies), RLDatix, and Quantros, Inc. are some of the major players in the global infection surveillance solutions market.

Global Infection Surveillance Solutions Market: Key Developments

To increase their market share, major companies in the global infection surveillance solutions market are focusing on launching new products. In May 2020, for example, VigiLanz Corporation released COVID Quick Start, a new technology that would help hospitals plan for, prevent, and respond to the spread of COVID-19 and other respiratory viral infections.

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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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